Credit rating of small business Research Paper Example | Topics and Well Written Essays - 500 words

Credit rating of small business - Research Paper Example Small businesses play an important role in the economy of many countries. More importantly, many of them rely on banks to finance their businesses. Granting of loans to small businesses is an intricate matter that requires the bank to gather information that helps it to assess the businesses’ ability to pay back the loan and not default (Frame & White, 2004). Hence, banks are resulting to using credit rating scores to determine if or if not to grant a loan to the business. The question is if bad credit rating means a bank should not grant a loan to a small business owner to expand or invest in his business? Why and why not? According to Petrovic and Davidovic (2011), loan granting to small businesses poses a test to banks. However, banks should give loans to small businesses based on their credit rating. It has been found that small businesses having in-between credit ratings are likely to rely on loans from banks. Conversely, for small businesses that have low ratings, evaluation fails to avail reason to grant loans as they are thought to have nothing to lose if they default (Petrovic & Davidovic, 2011). The credit rating of a small business borrower functions to envisage future acts that the borrower will without evaluation. Hence, a bad credit rating will imply that the bank should not grant a loan to the business as the credit rating serves to predict the actions of the business after getting the loan. The credit rating obtained aids in the formation of the bank’s decision (Diamond, 1991). On the other hand, bad credit rating should not be used to deny a small business a loan grant because banks do not have all the information concerning the borrower. Even if the bank obtains a good credit rating concerning the borrower that allows a bank to grant the small business a loan, the borrower may opt to default even if the business does

Queer culture from the 19th century through modern times Term Paper

Queer culture from the 19th century through modern times - Term Paper Example Notions of identity, freedom, and autonomy have marked the recent intellectual era. These serve as the as the fundamental and dominant principles and ideologies that underlie liberalism in the society. These ideals necessitate acceptance and respect towards a person’s subjectivity and dignity. However, human experiences are suffused with struggles for equality, rights and acceptance. Stories of oppression and subjugation of gays, lesbians, women, people of color and others have posed a question regarding the authenticity of the notion of the public sphere - the arena wherein equals meet, and where peers encounter. Thus, the search for the person within the public sphere has led to a gamut of discourses centering on the person, or focusing on the public sphere or in combination of - who is the person? and what is the public sphere? In the context of continued struggle of gays for acceptance and freedom, this study will be dealing with queer theory, focusing on gay literature. I t will assert the proposition that queer theory is one of the most viable approaches in explaining the current predicament of gay persons as they reaffirm facets of humanity that have been long denied as an authentic expression of being human. As such, the study aims to show the gay community’s struggle for equality in society as their plight is marked by marginalization, shame, discrimination and exclusion. Queer theory denotes a sense of difference or strangeness.2 The researcher acknowledges that queer theory can be learned from different perspectives, and that gay literatures provide valuable and particular view of queer theory rooted in gays’ experiences, articulations and existence in the world. 3 In light of this, the study will use genealogical methodology as it traces the historical underpinnings of queer theory from 19th century to the present. This is done with the supposition that the struggles, which queer theory seeks to explain, are rooted in centuries o f suppression as experienced by homosexuals. In addition, this study is significant, as it will attempt to clarify queer theory. The research will have the following structure. The first part is the introduction, which presents the topic of the research, the methodology use for research, the structure of the paper, and the probable outcome of the study. The following part will deal with the discussion of queer theory from the 19th century to the present. The first sub section will deal with the evolution of the terms ‘homosexual and gay’ focusing on the 19th century use of the terms. The second sub-section will deal with the 19th century status of homosexuals and the underlining factors that contributed to their predicament. The third part will deal with the first half of the 20th century situation of gay culture and the fourth part will be focusing on the second half of the 20th century with emphasis on gay liberation and other dynamic changes during this period. Final ly, the third and last part of the research deals with the critical analysis of the subject matter of the research. In this part, an analysis of the findings of the study will be undertaken. In the end, it is the hope of the researcher that this research may help dispel the notion that one of the definitive attributes of a person’s humanity is the construed gender and attach sexuality to person’s biological makeup. Queer Theory: 19th century to the Present Although this research does not address narratives about homosexuality prior to the 19th, it does not mean they did not exist prior to 19th century. Instead, aside from reasons of limitations in the research, the 19th century discussions of homosexuality pave the way for the modern understanding of homosexuality, thus, creating a break in the understanding of homosexuality and homosexuals. 4 The modern discourse has created and offered new approaches in understanding gay oppression as it establishes fresh viewpoints of homosexuality. In this regard, I will be undertaking a genealogy of queer theory f